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Unite Group completes new debt facility with Legal & General

The Unite Group plc has secured a new 121 million British Pounds, 10 year debt facility with Legal & General. The all-in cost of the new borrowing, which is at 60% loan-to-value, is fixed at 5.05% for the duration of the loan. The loan will amortise to 109 million British Pounds, 55% loan-to value,[…]